PPP Loan information for Area agency on aging of west central arkansas, inc

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

AREA AGENCY ON AGING OF WEST CENTRAL ARKANSAS, INC

Borrower Address

905 West GRAND AVE

Borrower City

HOT SPRINGS NATIONAL PARK

Borrower State

AR

Borrower Zip

71913-3438

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1142035.85

Current Approval Amount

1142035.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4530

Servicing Lender Name

The Malvern National Bank

Servicing Lender Address

501 S Main St

Servicing Lender City

MALVERN

Servicing Lender State

AR

Servicing Lender Zip

72104-3836

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOT SPRINGS NATIONAL PARK

Project County Name

GARLAND

Project State

AR

Project Zip

71913-3438

CD

AR-04

Jobs Reported

318

NAICS Code

624120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10803.33

Payroll Proceed

1120332.52

Mortgage Interest Proceed

0.00

Rent Proceed

10900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

4530

Originating Lender

The Malvern National Bank

Originating Lender City

MALVERN

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1149419.97

Forgiveness Date

12/09/2020